Led by Hunter Walk and Satya Patel, the seed-stage venture firm has spent the past five years investing in U.S.-based startups at the onset. Several of its portfolio companies have gone on to raise significant funding, including Managed by Q, Shyp and theSkimm. They’ve also had exits, including Bond Street, which was acquired by Goldman Sachs and Clementine, which was bought by Dropbox.

“Homebrew III’s strategy is to concentrate capital, time and reputation behind 6-8 new investments per year and to work closely with those teams to help them build the companies they envision,” said the firm’s blog post.